Archive for April, 2009

Interesting time last week at the RSA show in SF. Industry is definitely feeling the effects of the economy as overall attendance seemed down quite a bit. The show organizers were putting on a game face and saying registrations were down less than 10% but that doesn’t count the no shows who got their travel budgets cut - my guess is more like down 25%+. Having said that, the customers who were at the show were very serious - if they were going to travel they were intent on scoping out solutions. To me, two clear takeaways - First, “solutions” are the key. Customers and potential alliance partners were definitely looking for solutions that enabled simplified operations and cost reductions - the appetite for complex, custom implementations seems to be at an all time low. Second, security is becoming a mainstream data warehousing market. More data, more sources, more complex analysis. All this adds up to a trend toward massive, centralized security data warehouses - in the proverbial “cloud” and in the customer data center. Read More…

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“In its study of 43 companies that suffered a data breach last year, the Ponemon Institute found the total cost of coping with the consequences rose to $6.6 million per breach, up from $6.3 million in 2007 and $4.7 million in 2006. The cost per compromised record in 2008 rose 2.5% over the year before to $20 per record according to the study.”

http://www.networkworld.com/news/2009/020209-data-breach.html

Pretty chilling data isn’t it? Even more frightening is that the study goes on to say “88% of all the cases for 2008 were traced back to insider negligence”. Certainly brings back the old Pogo comic strip “we have met the enemy and it is us”. Read More…

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